UPS SurePost changes put shippers at a crossroads
Rate hikes and coverage changes are piquing customers' interest in alternatives, but contract penalties could complicate ...
Yahoo Finance4d
UPS SurePost’s Postal Service split sparked by service, cost worries
A combination of service risks and price concerns led UPS to break away from the U.S. Postal Service for SurePost deliveries, UPS CEO Carol Tomé said on an earnings call Thursday. UPS was worried ...
UPS announces major cutback in Amazon relationship
UPS announced a seismic shift in the relationship with its largest customer, Amazon, prompting a sharp stock price drop ...
Why UPS Stock Is Plunging Today
UPS shares have now lost about half their value since the pandemic era, when shipment volumes went through the roof. The ...
Morningstar5d
UPS to cut its Amazon business by more than 50%. Here's why.
The company also said that effective Jan. 1, it had brought all of its UPS SurePost product in house. UPS had previously used the U.S. Postal Service for a portion of the last-mile delivery of ...
UPS stock price is tumbling after the delivery company said it would cut back service with Amazon
United Parcel Service predicted downbeat 2025 revenue after announcing they are reducing business with Amazon to focus on ...
Air Cargo News5d
UPS plans to offload 50% of Amazon business
Shares in express giant UPS fell today after the company revealed plans to offload 50% of its business with its largest ...
UPS is Bargain of the Year After Recent Q4 Earnings Fumble
Sometimes, the market can be ruthless, ready to punish the slightest shortcoming or the smallest misstep — and that is ...
UPS CEO says ‘became clear’ momentum could be lost if challenges not faced
CEO Carol Tome says the company’s actions are being made to face three key challenges “head on.” The company’s “largest customer” is ...
UPS Q4 Earnings: Major Customer Volume Cut Raises Jitters, Stock Tanks
UPS reports mixed Q4 results with revenue of $25.3B and adjusted EPS of $2.75. Plans for operational changes and expects $89B ...
UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for its largest customer, Amazon.com , a surprise move that sent shares ...